Since there are no realtors involved, how can I be secure that when I put money down that I am getting something, or that the properties don't have other liens or that this seller even really is the owner???

Some areas and price points are meant to be home owner only and not many rentals because of what you can get per month for it.It usually takes about at least 2% of the purchase price a year to properly maintain a property you live in.I wouldn't really think of the house as much of an investment as a place to live.

I checked the chain of title on the property looks like it was never actually purchased by the TK company, rather it was Quit claimed from the old owner to them.  

Only big commercial enterprises with lots of cash flow can get financing with out having the owner on the hook as well as the company.   

The owner is asking $72,000.

The owner also installed a Rinnai hot water heater that he supplies propane for each apartment.

I'm just a little gun shy and afraid people aren't going to perceive me as someone who can help them because of my age.

Deanna, We are kinda big compared to most mom and pop investors, there are 4 owners in Colorado (Steve G, Steve W, Manny, and Me) and then we have a Partner/Project Manager in each of our markets.

(Junk Mail)  If this your route, it would really be in your best interest to visit the park and take the owner out to lunch. 

Private money doesn't lend on owner-occupied.